Land Bridging Finance


Land Bridging Finance

Bridging finance can be used to buy residential property, commercial property or land. Individuals or small, medium or even large companies often use bridging finance to secure a bargain plot for development. Once all the correct permissions are obtained and a plan formulated we can also help in obtaining development finance for the land possibly in the form of a self-build mortgage which can be used to repay the bridging finance and fund the building project.

Purchase of a building plot or land (with or without planning permission) using bridging finance

Example:

A plot of land has been placed for sale and you would like to build on the land for either investment or personal use. A bridging loan can be used to purchase the land before planning permission is obtained and once this has occurred, either a self build mortgage, further bridging or your own funds can be used to build the property.

Last Updated: Jan 19, 2017 @ 3:27 pm
NACFB

UK Property Finance is Authorised by The Financial Conduct Authority (FCA)

Association of Bridging Professionals
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